LBI Real Estate Weekly Sales Update 1/15/2023-1/22/2023

LBI Real Estate Weekly Sales Update 1/15/2023-1/22/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 1/15/2023-1/22/2023

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 1/15/2023-1/22/2023: There were only 39 changes to the Long Beach Island real estate market this week which is a small drop off in activity. That said, the activity was well balanced. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 13 new listings entered the market with an average price of $2,687,615
  • 10 listings went under contract with an average listing price of about $1,673,690
  • 2 properties sold on Long Beach Island with an average price of $2,327,500
  • 4 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

LBI Real Estate Weekly Sales Update 1/15/2023-1/22/2023

Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW ACTIVE means it is a new or re-listed home, PRICE DECREASE means the price was reduced, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies.

Last Change TypeMLS #AddressCityCurrent Price
Coming SoonNJOC201594033 W 87thLong Beach Township$2,500,000
New ActiveNJOC20159242702-Long Beach BlvdShip Bottom$759,000
New ActiveNJOC2015986205 5th StBeach Haven$1,450,000
New ActiveNJOC201580239 N 17th StSurf City$1,999,000
New ActiveNJOC2015800101 N 1st StreetSurf City$2,199,000
New ActiveNJOC20159361092-B-West Unit Long Beach BlvdLong Beach Township$2,495,000
New ActiveNJOC20157461092-B-East Unit Long Beach BlvdLong Beach Township$2,495,000
New ActiveNJOC2015964122 Amber StBeach Haven$2,499,000
New ActiveNJOC20159541062-D Long Beach Blvd #EAST UNITLong Beach Township$2,599,000
New ActiveNJOC20159481062-D Long Beach Blvd #WEST UNITLong Beach Township$2,599,000
New ActiveNJOC201596027 E 37thLong Beach Township$2,849,999
New ActiveNJOC20159321 E 69th StHarvey Cedars$2,995,000
New ActiveNJOC2015896131-C Long Beach BlvdLong Beach Township$7,500,000
Price DecreaseNJOC201529412904 Long BeachLong Beach Township$1,450,000
Price DecreaseNJOC20151387 PershingLong Beach Township$1,450,999
Price DecreaseNJOC201311417 15thLong Beach Township$1,950,000
Price DecreaseNJOC201093017 E 15thLong Beach Township$1,950,000
Price DecreaseNJOC20126942 TennesseeLong Beach Township$2,649,999
Active Under ContractNJOC20137263101 S Long Beach Blvd S #0840 – UNIT 4 ULong Beach Township$979,000
Active Under ContractNJOC20158524206 Long Beach #ELong Beach Township$995,000
Active Under ContractNJOC201282214 W Bayberry DrLong Beach Township$999,000
PendingNJOC2015690101 W 9th St #102Ship Bottom$785,000
PendingNJOC20149641504 Long BeachLong Beach Township$1,099,999
PendingNJOC20130806 W 28th St WBarnegat Light$1,399,000
PendingNJOC20153327800 OceanLong Beach Township$1,550,000
PendingNJOC201535410 E 19th StBarnegat Light$2,125,000
PendingNJOC20124642 E 83rd StHarvey Cedars$2,799,900
PendingNJOC2010966109 E Surf AveLong Beach Township$3,999,999
ClosedNJOC407486445 Engleside AveBeach Haven$1,660,000
ClosedNJOC201458012400 Ocean AveLong Beach Township$2,995,000
WithdrawnNJOC201583225 ColoradoLong Beach Township$1,199,999
CanceledNJOC20116581915 Long Beach BlvdShip Bottom$1,995,000
CanceledNJOC20111761 E 69th StHarvey Cedars$2,995,000
ExpiredNJOC2009230603 BroadwayBarnegat Light$1,699,000
ExpiredNJOC2009212603 BroadwayBarnegat Light$1,699,000
ExpiredNJOC20095001096-C Long BeachLong Beach Township$1,849,000
ExpiredNJOC2012018122 Amber StBeach Haven$2,200,000
ExpiredNJOC20094507-A Long Beach BlvdLong Beach Township$9,880,000
ExpiredNJOC20130107 Long Beach BlvdLong Beach Township$16,750,000

LBI New Jersey Real Estate Sales Analysis

As expected, we have seen an increase in the number of new listings entering the LBI real estate market. January and February are, historically, some of the best months for new listings on the market. Also as expected, pending sales have increased as buyers move quickly to purchase these new listings. Overall, the number of homes for sale on Long Beach Island has remained the same or dropped, even in spite of this surge in new listings. There are 107 active listings in the MLS this week and 54 pending sales. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 1/15/2023-1/22/2023 please do not hesitate to contact me.

By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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Why Condominiums Should Be Considered As Part Of Your LBI Real Estate Search

LBI Real Estate Average and Median Sales Price November 2022